East Africa Exchange (EAX) is a commodity exchange

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Kenya. Tue 26 Jul 2016, 12:00 am
When it is Kenya, the talk of agriculture being the backbone of economy is now a cliché but so is the sad tale of farmers who supply commodities in exchange for loss. Despite the season long hassle from preparing land to harvesting and drying grains, a typical Kenyan farmer faces the constant threat of running into losses when they eventually take their produce to the market. The governme...

Kenya. Thu 21 Jul 2016, 12:00 am
Market access ranks among the headaches of grain farmers, leading to losses or manipulation by brokers or middlemen.
However, farmers now stand a better chance of wriggling past the hawk-eyed and sweet-talking middlemen — who acquire grains for a song — thanks to the launch of an online tool for updates on market availability.
The e-granary developed by the East African Fa...

Kenya. Tue 5 Jul 2016, 12:00 am
Kenyan farmers are now set to earn more from their produce following plans by the Rwandan-based East African Exchange (EAX) to establish a futures market in the country. The market will be the second on the continent after the one in South Africa.
EAX will be submitting their paper work this week at the Capital Markets Authority (CMA) seeking permission to start a futures market, a move that w...

Rwanda. Mon 27 Jun 2016, 12:00 am
What slows down Africa’s socio-economic transformation? Where does the continent fail at times? Where is the potential? These are some of the questions that many have regarding the continent that for many years has had to contend with an unfortunate tag of a ‘sleeping giant’. To get answers to these and other questions, The New Times’ Collins Mwai sat with Dr Jendayi Fraz...

Kenya. Fri 6 May 2016, 12:00 am
Farmers will now be able to access affordable credit services from ABC bank. The bank, in a collaborative initiative with the East Africa Exchange are soon to launch a grain trade finance credit line that will pump 200 Million shillings for onward trading to small scale grain farmers.
In an event that was graced by EAX Board chair, Former Amb. Dr. Jendayi Frazer on 4th May 2016, the collaborat...